Focused on companies with $2mm of run-rate revenue and growth of 50% . We value founders that are cash efficient, scrappy, and pragmatic. We're the anti-VC.
First to market is over-rated. “it’s not critical to be first. Dropbox wasn’t the first company in file sharing and backup; Google wasn’t the first search engine. Nor was Facebook the first social network.”
-The Launch Pad, Inside Y Combinator by Randall Stross
Choose one of the three. “You don’t need to be perfect….Just focus on one of three things: one, be cheaper. Two, focus on a niche. Or three, be 10x better than the other products out there.”
-The Launch Pad, Inside Y Combinator by Randall Stross
Power-law. “In YC’s portfolio, the number on company is worth more than the next 199 companies combined, while the number two is worth more than the next 198 combined, and so on.”
-The Launch Pad, Inside Y Combinator by Randall Stross